AnnouncementDetails

Actions

Nayifat Finance Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 98,88097,3891.5394,4334.71
Gross Profit (Loss) 93,11893,438-0.3489,8323.66
Operational Profit (Loss) 49,24464,596-23.7754,286-9.29
Net Profit (Loss) after Zakat and Tax 43,74458,096-24.749,522-11.67
Total Comprehensive Income 43,74458,096-24.749,522-11.67
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 193,009196,448-1.75
Gross Profit (Loss) 182,646186,498-2.06
Operational Profit (Loss) 104,266129,220-19.31
Net Profit (Loss) after Zakat and Tax 93,266116,020-19.61
Total Comprehensive Income 93,266116,020-19.61
Total Share Holders Equity (after Deducting Minority Equity) 1,210,5091,158,1754.52
Profit (Loss) per Share 0.931.16
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for decline in net profit is due to increase in operating expenses, including staff related cost, marketing expense and cyber security upgradation expenses.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The reason for decline in net profit is due to increase in operating expenses
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The reason for decline in net profit is due to decrease in income and increase in operating expenses, including staff related cost, marketing expense and cyber security upgradation expenses.
Statement of the type of external auditor's report Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion N/A
Reclassification of Comparison Items Certain reclassification have been made in the financial statements for better presentation and have no impact on the statement of comprehensive income
Additional Information N/A

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
23.86 -0.16 (-0.67%)
Value Traded (SAR) Volume Traded
4,549,091.64 190,082